Discontinued Operations

3 Months Ended

Oct. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

3. DISCONTINUED OPERATIONS

On May 3, 2019 the Company exchanged its inventory for forgiveness of accrued unpaid rent. Concurrent with the exchange management with the appropriate level of authority determined to discontinue the operations of the product segment.

The detail of the consolidated balance sheets, the consolidated statements of operations and cash flows for the discontinued operations is as stated below:

	As of October 31, 2020		As of July 31, 2020
Current liabilities – discontinued operations
Accounts payable and accrued expenses	$	50	$	50
Total current liabilities – discontinued operations		50		50
Total liabilities – discontinued operations	$	50	$	50

	For the three months ended October 31, 2020			For the three months ended October 31, 2019
Selling, general and administrative expenses	$	-		$	3
Loss from discontinued operations	$	-		$	(3	)
Basic and diluted loss per common share	$	(0.00	)	$	(0.00	)

	For the three months ended October 31, 2020		For the three months ended October 31, 2019
Cash used in operations for discontinued operations:
Loss from discontinued operations	$	-	$	3
Cash provided by discontinued operations	$	-	$	3